6261 W Olympic Boulevard
Los Angeles, CA 90048
Listing provided courtesy of: Douglas Elliman of California, Inc.
Property Description
Located just blocks from Beverly Hills, West Hollywood, La Cienega Park, and LACMA, this well-maintained 4-unit property offers the perfect blend of investment potential and owner-user appeal. One of the two-bedroom units is currently vacant, presenting an incredible opportunity for a buyer to move in and enjoy the benefits of homeownership while generating passive income from the other three rented unitsessentially having tenants help cover the mortgage. If you're an investor, you have the flexibility to lease the vacant unit to a tenant of your choice and maximize rental income. For investors seeking additional upside, the rear of the property may offer potential for ADU development, creating an opportunity to increase rental income and enhance the property's overall value.The property features three (3) updated two-bedroom/one-bath units and one (1) one-bedroom/one-bath unit. The remodeled two-bedroom units boast new flooring, modern kitchens, stylish bathrooms, and recessed lighting.Ideally situated between Beverly Hills and Carthay Circle, this vibrant neighborhood is known for its energy, walkability, and access to some of LA's best dining, shopping, and entertainment. Just minutes from the hottest restaurants in West Hollywood and luxury retail in Beverly Hills, this is an excellent first home purchase with built-in rental income or a strong long-term investment opportunity.Don't miss this rare chance to own in a prime location with multiple income-generating possibilities!
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Features:
Dishwasher, Disposal, Refrigerator Front Yard Assigned, Covered
| Price: | $2,195,000 |
| Beds: | 7 |
| Baths: | 4 |
| Interior (SQFT): | 3,990 |
| Lot Size (SQFT): | 5,227 |
| Property Type: | Residential Income |
| Year Built: | 1924 |
Listing provided courtesy of: Douglas Elliman of California, Inc.. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 04/29/2025 16:46:55
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